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Key Responsibilities:
- Cost Analysis: Conduct thorough cost analysis for products, services, and projects to determine accurate production costs and identify opportunities for cost savings.
- Budget Preparation: Assist in preparing budgets and financial forecasts, providing essential cost information and analysis to support strategic financial planning.
- Cost Monitoring: Monitor and control costs throughout the production process, ensuring compliance with budgetary constraints and identifying variances.
- Inventory Management: Oversee inventory valuation and management, ensuring accurate raw materials costing, work-in-progress, and finished goods.
- Pricing Strategy Support: Provide cost information and analysis to support competitive pricing strategies, ensuring products are profitably priced.
- Data Management: Maintain and update costing systems and databases to ensure data accuracy and integrity for effective cost tracking and reporting.
- Cross-Department Collaboration: Work closely with Finance, Production, Procurement, Sales, and Management to gather cost data, streamline processes, and enhance cost efficiency.
- Compliance Assurance: Ensure all costing activities comply with company policies, financial regulations, and accounting standards.
- Issue Resolution: Proactively resolve internal issues related to costing matters.
- Additional Duties: Perform other duties as assigned by Management.
Requirements:
- Education: Minimum Diploma/Degree in Accounting, Finance, or Cost Accounting.
- Experience: At least two years of relevant experience, preferably within the manufacturing industry.
- Technical Skills: Proficient in Microsoft Excel; ERP and SAP systems knowledge is a plus.
- Work Ethic: Committed, self-motivated, and able to work effectively under pressure with minimal supervision.
- Communication: Strong command of English, both written and verbal.
- Product Costing Knowledge: Demonstrated expertise in product costing methodologies.
- Tech-Savvy: Fast and efficient user of MS Office applications and email communication.
- Adaptability: Quick learner who can adapt to new processes and systems.
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